Shriram Pistons & Rings
2,748.80
+10.10(+0.37%)
Market Cap₹12,108.42 Cr
PE Ratio21.96
IndustryAutomobiles
Company Performance:
1D+0.37%
1M-10.94%
6M+12.36%
1Y+40.97%
5Y+769.19%
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More news about Shriram Pistons & Rings
05Dec 25
Shriram Pistons Releases Conference Call Recording on Grupo Antolin Acquisition
SPRL has made public the conference call recording discussing its major acquisition of Grupo Antolin's Indian operations for €159 million, demonstrating regulatory compliance while expanding into automotive interior solutions including headliners, door panels, and lighting systems.
13Nov 25
Shriram Pistons & Rings Reports 15% Revenue Growth Amid Auto Industry Challenges
Shriram Pistons & Rings Limited (SPRL) reported a 15% year-on-year growth in consolidated total income for Q2, outperforming the overall automotive industry. The company maintained a consolidated EBITDA margin of 22.4% and a PAT margin of 13.6%. SPRL's new EV motor and controller plant in Coimbatore is set to start commercial production soon. The company has completed Phase 2 expansion at SEL Pithampur and is proceeding with Phase 3 due to high demand. SPRL continues to diversify its product range for alternative fuel solutions and maintains a presence in over 45 countries.
04Nov 25
Shriram Pistons & Rings Reports Strong Q2 FY26 Performance with 15% Revenue Growth
Shriram Pistons & Rings Limited (SPRL) announced Q2 FY26 results with consolidated revenue of Rs. 10,427.00 million, up 15% year-on-year. EBITDA increased by 12.10% to Rs. 2,335.00 million, while Profit After Tax grew 12.90% to Rs. 1,421.00 million. The company's EV and high-precision injection moulded components businesses performed well. SPRL invested Rs. 500.00 million in its subsidiary SPR Engenious Limited. Despite challenging market conditions, the company remains focused on innovation, diversification, and operational efficiency.
11Sept 25
Shriram Pistons & Rings Subsidiary Boosts Stake in SPR EMF Innovations to 72.58%
Shriram Pistons & Rings Limited's wholly owned subsidiary, SPR Engenious Limited, has increased its equity stake in SPR EMF Innovations Private Limited from 66.42% to 72.58%. This was achieved through a further issue and allotment of equity shares, resulting in SPR Engenious now owning 1,55,71,507 equity shares in SPR EMF Innovations. This move is part of a series of strategic acquisitions, with previous stake increases occurring in December 2022 and March 2024. The company has informed the National Stock Exchange of India Limited and BSE Limited about this development.
06Sept 25
Shriram Pistons & Rings Reports Strong Financial Performance, Announces Dividend and Board Changes
Shriram Pistons & Rings Limited reported robust financial results for FY2025. Consolidated revenue increased to Rs 3,54,983.00 lacs from Rs 3,08,933.00 lacs, while net profit rose to Rs 51,556.00 lacs from Rs 43,866.00 lacs. The company declared a final dividend of Rs 10.00 per share. Board changes include Shinichi Unno's resignation as independent director and Akihiro Ozaki's appointment to the same role. New secretarial and cost auditors were also appointed. The 61st Annual General Meeting is scheduled for August 1, 2025.
07Aug 25
Shriram Pistons & Rings Reports Robust Q1 Results with 14.9% Revenue Growth
Shriram Pistons & Rings Limited reported robust Q1 financial results. Consolidated total income grew 14.9% year-on-year to Rs. 9,917.00 million, while EBITDA increased 16.5% to Rs. 2,234.00 million. PAT rose 15.1% to Rs. 1,348.00 million. The company outperformed the automotive industry's 1% growth, attributing success to diversification into marine engines, defense applications, and EV motors. Export business remains strong, accounting for 18-20% of total sales across 45 countries. The company continues to focus on innovation, sustainability, and exploring strategic partnerships for future growth.
01Aug 25
Shriram Pistons & Rings Reports Robust Q1 FY2026 Results Amid Automotive Sector Growth
Shriram Pistons & Rings Limited announced robust Q1 FY2026 results. Standalone revenue increased by 12.30% to Rs. 8,548.00 million, with net profit rising 21.07% to Rs. 1,385.00 million. Consolidated revenue grew 18.07% to Rs. 9,884.00 million, while net profit surged 29.27% to Rs. 1,515.00 million. The company acquired Kama Intertech Private Limited for Rs. 50.00 million, making it a wholly-owned subsidiary. Results were reviewed by Walker Chandiok & Co LLP and approved by the Board of Directors.
07May 25
Shriram Pistons & Rings Reports Robust Q4 Performance with 26% Profit Surge and Dividend Announcement
Shriram Pistons & Rings has reported strong Q4 results with a 26% year-over-year increase in consolidated net profit to ₹1.50 billion. Revenue climbed 15.7% to ₹9.90 billion, while EBITDA rose to ₹2.10 billion with an improved margin of 21.28%. The company has recommended a dividend of ₹10 per share.
02Apr 25
Shriram Pistons & Rings Completes Strategic Acquisition of Karna Intertech
Shriram Pistons & Rings Limited (SPRL) has completed the acquisition of Karna Intertech Private Limited for INR 50 crore, making it a wholly-owned subsidiary. Karna, a manufacturer of gravity die casting moulds, has been a key supplier to SPRL. The acquisition, effective April 1, 2025, is expected to strengthen SPRL's position in high-precision automotive components manufacturing. Karna's revenue has shown steady growth, reaching INR 49.98 crore in FY 2023-24. This strategic move aims to leverage synergies, optimize supply chain, protect intellectual property, and maintain quality control in SPRL's operations.
01Apr 25
Shriram Pistons & Rings Completes Strategic Acquisition of Karna Intertech
Shriram Pistons & Rings Limited (SPRL) has completed the acquisition of Karna Intertech Private Limited for INR 50 crore, making it a wholly-owned subsidiary. Karna, a key supplier of gravity die casting moulds to SPRL, brings valuable assets including a sophisticated tool room and modern CNC machine tools. The acquisition aims to integrate a crucial supplier, protect intellectual property, maintain quality standards, and support SPRL's long-term growth strategy. Karna's revenue has shown steady growth over the past three years, reaching INR 49.98 crore in FY 2023-24.
07Mar 25
Shriram Pistons & Rings to Acquire Karna Intertech for ₹50 Crore, Boosting Die Casting Capabilities
Shriram Pistons & Rings Limited (SPRL) is set to acquire a 100% stake in Karna Intertech Private Limited for ₹50 crore. The acquisition, expected to complete by April 15, 2025, aims to strengthen SPRL's position in the automotive components industry and enhance its die casting capabilities. Karna, a key supplier of gravity die casting moulds, will help SPRL integrate its supply chain, protect intellectual property, ensure quality, and support long-term growth. The move is anticipated to positively impact SPRL's operations through vertical integration, technology enhancement, and capacity expansion.
Shriram Pistons & Rings
2,748.80
+10.10
(+0.37%)
1 Year Returns:+40.97%
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